Soulworks: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Soulworks
Largest movements
- Receivables within one year -€3,225
down €3,225 (-45.0%), from €7,161 to €3,936
of which Trade receivables: -€3,274
- Cash +€2,998
up €2,998 (+34.9%), from €8,592 to €11,590
mainly Receivables within one year (+€3,225) and Depreciation (+€1,641)
- Tangible fixed assets -€1,641
down €1,641 (-25.4%), from €6,473 to €4,832
of which Furniture and vehicles: -€919
- Deferred charges and accrued income +€995
up €995 (+219%), from €455 to €1,449
- Reserves -€2,138
down €2,138 (-22.8%), from €9,389 to €7,251
- Tax, wage and social debts +€1,537
up €1,537 (+46.8%), from €3,287 to €4,824
of which Taxes: +€1,676
- Trade debts -€1,319
down €1,319 (-68.5%), from €1,925 to €605
- Other debts +€921
up €921 (+74.9%), from €1,230 to €2,152
- Gross operating margin -€4,447
down €4,447 (-67.0%), from €6,637 to €2,190
- Taxes +€952
up €952 (+502%), from €190 to €1,142
- Depreciation -€880
down €880 (-34.9%), from €2,520 to €1,641
- Other operating charges +€232
up €232 (+19.4%), from €1,198 to €1,429
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,681 | €21,808 | -€873 | -3.9% |
| Fixed assets | 21/28 | €6,473 | €4,832 | -€1,641 | -25.4% |
| Tangible fixed assets | 22/27 | €6,473 | €4,832 | -€1,641 | -25.4% |
| Plant, machinery and equipment | 23 | €2,063 | €1,608 | -€455 | -22.1% |
| Furniture and vehicles | 24 | €1,889 | €971 | -€919 | -48.6% |
| Other tangible fixed assets | 26 | €2,520 | €2,253 | -€267 | -10.6% |
| Current assets | 29/58 | €16,208 | €16,976 | +€768 | +4.7% |
| Amounts receivable within one year | 40/41 | €7,161 | €3,936 | -€3,225 | -45.0% |
| Trade receivables | 40 | €7,161 | €3,887 | -€3,274 | -45.7% |
| Other amounts receivable | 41 | - | €49 | +€49 | |
| Cash at bank and in hand | 54/58 | €8,592 | €11,590 | +€2,998 | +34.9% |
| Deferred charges and accrued income | 490/1 | €455 | €1,449 | +€995 | +219% |
| Total equity and liabilities | 10/49 | €22,681 | €21,808 | -€873 | -3.9% |
| Equity | 10/15 | €15,389 | €13,251 | -€2,138 | -13.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €9,389 | €7,251 | -€2,138 | -22.8% |
| Distributable reserves | 133 | €9,389 | €7,251 | -€2,138 | -22.8% |
| Amounts payable | 17/49 | €7,292 | €8,556 | +€1,264 | +17.3% |
| Amounts payable within one year | 42/48 | €6,442 | €7,706 | +€1,264 | +19.6% |
| Financial debts | 43 | - | €125 | +€125 | |
| Credit institutions | 430/8 | - | €125 | +€125 | |
| Trade debts | 44 | €1,925 | €605 | -€1,319 | -68.5% |
| Suppliers | 440/4 | €1,925 | €605 | -€1,319 | -68.5% |
| Taxes, remuneration and social security | 45 | €3,287 | €4,824 | +€1,537 | +46.8% |
| Taxes | 450/3 | €1,747 | €3,423 | +€1,676 | +95.9% |
| Remuneration and social security | 454/9 | €1,540 | €1,401 | -€139 | -9.0% |
| Other amounts payable | 47/48 | €1,230 | €2,152 | +€921 | +74.9% |
| Accrued charges and deferred income | 492/3 | €850 | €850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,520 | €1,641 | -€880 | -34.9% |
| Other operating charges | 640/8 | €1,198 | €1,429 | +€232 | +19.4% |
| Gross operating margin | 9900 | €6,637 | €2,190 | -€4,447 | -67.0% |
| Operating profit (loss) | 9901 | €2,918 | -€881 | -€3,799 | |
| Financial income | 75/76B | €0 | €60 | +€60 | +25,922% |
| Recurring financial income | 75 | €0 | €60 | +€60 | +25,922% |
| Financial charges | 65/66B | €205 | €175 | -€30 | -14.7% |
| Recurring financial charges | 65 | €205 | €175 | -€30 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €2,713 | -€996 | -€3,709 | |
| Income taxes | 67/77 | €190 | €1,142 | +€952 | +502% |
| Profit (loss) for the period | 9904 | €2,524 | -€2,138 | -€4,661 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,524 | -€2,138 | -€4,661 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.